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Deep Tide TechFlow News, April 9th, according to Chainwire, Gobi Partners announced an investment in Transak. Founded in 2019, Transak provides financial institutions with a single API for fiat and digital asset on/off-ramp services, unified KYC, AML, risk monitoring, and local payment integrations, covering over 64 countries worldwide. It holds more than 21 regulatory licenses, has integrated into over 600 applications, and has served over 10 million users.
This investment aims to support Transak's expansion into the Asian market. Transak has established its Asia-Pacific headquarters in Hong Kong and plans to deepen integration with payment networks and banking partners in the ASEAN region.